gnm to increase bid?, page-9

Burratipi how much cash does GNM have.

take the $50 million announced today.

plus from 30 september quartery.

The Company with the help of its parent company Gujarat NRE
Coke Limited as guarantor had in May, 09 availed a USD 50
million long term facility agreement. The said facility agreement Board of Directors had a green shoe option which has been recently exercised by the Company. Accordingly it received a further sum of USD 25 million from the consortium of Indian bankers. As of today the Company has drawn down the entire sum.

plus from half yearly report.
US $75 million loan facility agreement: the Company as a borrower with the help of its parent company Gujarat NRE Coke Limited (‘GNCL’) as a guarantor has successfully negotiated and secured a US $75 million Long Term Loan
Facility (the ‘Facility’). The Facility was sanctioned by a consortium of Indian Banks in Singapore, London, Hong Kong and Antwerp led by the Axis Bank Limited.

so do they have $125 million at hand.